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+95 photosWaterfront home — 1239 Middle River Drive · Beach Way Heights · Fort Lauderdale
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Open property magazine$15,495,000
1239 Middle River Drive, Fort Lauderdale, FL 33304
Fort Lauderdale, FL, 33304
10 bd · 11 ba · 9,655 sqft · 100 ft of water
Listed by Coldwell Banker Realty
1239 Middle River Drive, Fort Lauderdale, FL 33304
Listed by Coldwell Banker Realty
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Estimated monthly payment
$104,891/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $104,891/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesWelcome to Palazzo Riviera, a gated trophy waterfront estate in Fort Lauderdale offering 100 feet of water frontage and near 11,881 SF of total area, featuring rooftop terrace with expansive views, independent guest residence with private entrance, movie theater, executive office/cigar lounge with built-in exhaust, private gym, and salon/glam room. Designed for grand entertaining & everyday living, the residence offers 7 bedroom suites, den, 7 full baths, 3 half baths, and a resort-style cabana bath with separate his-and-hers. A grand entry with double-height ceilings and a sculptural staircase opens to expansive living and dining areas complemented by a full bar with marble countertops, temperature-controlled wine cellar, striking book-matched marble fireplace, and large-format Thassos marble flooring throughout living spaces. Chef’s kitchen with Wolf appliances, oversized island, family room, and breakfast area. The primary suite offers a sitting area, morning bar, dual walk-in closets, spa bath with jacuzzi, and private waterfront terrace. Secondary bedroom suites feature wood floors, en-suite baths, walk-in closets, and private terraces. The guest residence includes a full kitchen and living area. Outdoor living features manicured landscaping, a 55’ x 30’ pool with spa, and a covered terrace with motorized shutters, A/C, refrigeration, exterior laundry, and cabana bath. Private elevator, smart home system, and an air-conditioned garage with lifts for up to four vehicles.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
189 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
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Your costs (est.)
≈ $104,891/mo
1239 Middle River Drive, Fort Lauderdale, FL 33304 · Fort Lauderdale
Location
1239 Middle River Drive, Fort Lauderdale, FL 33304
Dock & Draft Match™
Boat size needs on-site verification
Boat length up to ~26 ft · verify
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 1239 Middle River Drive, Fort Lauderdale, FL 33304?+
Property tax (after sale): $22,448/month est.; homeowners insurance: $2,043/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $24,491/month est. Principal and interest: $80,400/month; PMI: $0/month. Total for the payment scenario shown: $104,891/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1239 Middle River Drive, Fort Lauderdale, FL 33304?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1239 Middle River Drive, Fort Lauderdale, FL 33304 need flood insurance, and what drives the premium?+
Most of Fort Lauderdale sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1239 Middle River Drive, Fort Lauderdale, FL 33304?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 1239 Middle River Drive, Fort Lauderdale, FL 33304?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 1239 Middle River Drive, Fort Lauderdale, FL 33304?+
This listing has been on the market 189 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Fort Lauderdale. Venice of America — 165+ miles of navigable waterways, Las Olas dining, and easy I-95 / Brightline access.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Bayview Elementary School
Elementary · 0.1 mi from this home · 1175 Middle River Dr, Fort Lauderdale
Sunrise Middle School
Middle school · 0.4 mi from this home · 1750 Ne 14Th St, Fort Lauderdale
Fort Lauderdale High School
High school · 1.5 mi from this home · 1600 Ne 4Th Ave, Fort Lauderdale
Zone boundaries published by Broward County Public Schools.
Other options for this address
Somerset Academy Village Charter Middle School
Middle school · Charter · Grades 6–8 · Wilton Manors
ST. Thomas Aquinas High School
High school · Private · Catholic · Grades 9–12 · Fort Lauderdale
Edith Robinson Christian Academy
High school · Private · Christian · Grades 9–12 · Fort Lauderdale
Lighthouse Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades 4–12 · Oakland Park
Permission To Succeed Education Center
Pre-K & Kindergarten · Private · Grades PK–12 · Port ST. Lucie
Permission To Succeed Education Center
Pre-K & Kindergarten · Private · Grades K–12 · Port ST. Lucie
Murl Windsor Academy At Hollywood
Pre-K & Kindergarten · Private · Grades PK–12 · Fort Lauderdale
The International Family Academy
Pre-K & Kindergarten · Private · Grades K–12 · Fort Lauderdale
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$15,495,000 · MLS A12000918
$15,495,000
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